CNH Industrial Sees 2023 Net Sales Up 3-5%, Adj. EPS Target About $1.70 vs $1.75 Est.
Portfolio Pulse from Benzinga Newsdesk
CNH Industrial has projected its net sales to increase by 3-5% in 2023. However, the company's adjusted EPS target is about $1.70, lower than the estimated $1.75.
November 07, 2023 | 12:33 pm
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CNH Industrial's lower than expected EPS target for 2023 could negatively impact its stock price in the short term.
CNH Industrial's adjusted EPS target for 2023 is lower than the estimated $1.75, which could disappoint investors and lead to a decrease in the company's stock price in the short term.
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